EFTA01462579

Subject: Re: American Airlines to re-test $38... [C] From: Tazia Smith < Date: Tue, 01 Apr 2014 10:41:37 -0400 To: jeevacatione•mail.com Cc: Nav Gupta Paul Morris Vahe Stepanian Vinit Sahni < Classification: Confidential Jeffrey - As Nav pointed out I got excited with the number of m's and erroneously typed mm instead o f m. You are up $995k. Corrected below. From: Tazia Smith/db/dbcom To: Cc: jeevacation8gmail.com, Paul Morris, Vinit Sahni/db Nav Gupta/dbi Date: 04/01/2014 10:32 AM Subject: American Airlines to re-test $38... [C] Vahe Stepanian/db/ Classification: Confidential Jeffrey - You're currently up $995m (net) on your American Airlines January sed on current bid/offer ( as you see, market is wide, would get Jan 20 call -16.60/18.10 Jan 20 put -0.35/0.65 Spreadsheet attached. Indicative levels only, Recall, your cost basis (attachment "AAL Options AAL 6mo Price History (Embedded image moved to $20 Risk Reversal. That's just ba done better). subject to market movement. source Bloomberg. is $6.05 (+8.03 on the call, -1.98 on the put) 4.1.14 10.20am.xml" deleted by Tazia Smith/db/dbcom] file: pic01224.gif) (Embedded image moved to file: pic22039.gif) Tazia Smith Director I Key Client Partners - US DB Securities Inc Deutsche Asset a Wealth Management 345 Tel. Fax 4-0004 New York, NY, USA EFTA01462579 EFTA01462580